This coronavirus had me digging into my investing library last week. I meandered over my bookcases of investing memoirs, histories,...

Two little boys were playing on a sand pile. One heaped the sand up and said, “It is a mountain.” The other boy insisted, “No it isn’t....

I was flipping through my library of investing books, as I sometimes do, and I came across a book titled City Cinderella: The Life and...

I hope you had a nice holiday season. I thought I'd start the year by sharing my Q4 letter. Please see our disclaimers. The version below...

A little something different today, as I take a few guesses about what to invest in for the year ahead (and beyond). It’s a fun exercise....

A couple of things I read this week got me thinking. Here’s the story… in three acts: I. Even Concentrated Portfolios Have Lagged the...

I recently finished David Deutsch’s The Beginning of Infinity: Explanations that Transform the World (2011), which I thought was an...

I have been thinking about Jim Simons’ mind-blowing achievement at his Medallion hedge fund: "From 1988 to 2018, Medallion returned 66.1%...

Yesterday, Howard Hughes released its much-anticipated review of strategic alternatives. With the shares down 18%, I suppose it is safe...

A little something different in this post -- * General semantics - power tools for critical thinking * My acceptance speech for the S.I....

Some short notes below – on the online brokers and zero commissions, on the music industry’s mid-year report, on the value in New York...

Would you be interested in a fund that underperformed its benchmark in five years out of six? Would you consider this a “good” track...

Phil Tetlock spoke at Greenwood Investors investor day in New York last week. Tetlock, as you probably know, wrote a bestseller titled...

We simply call it, “the horse story.” A friend of mine and I, who I meet regularly for lunch, invoke it often. At a recent lunch, we...

Earnings season is over. And Woodlock’s portfolio companies made it through all right. I had no palm-sweating, thesis-killing moments...

The macro stuff seems deafening right now. Trade wars, interest rates, currency shifts, etc., dominate the headlines and seem to drive...

Below are notes on Vivendi (Disclosure: Woodlock House owns shares of Vivendi at an average price of ~ €22). Further on down, a look at...

Today, I’ll share the list of potential international “outsiders” readers submitted. We’ll also take a look at IBKR’s earnings report....

I think the first time I heard the name Tim Martin, chairman and founder at JD Wetherspoon, was at MOI Global’s Latticework conference in...

Below are notes from a new book, along with thoughts on Howard Hughes Corp’s big move and the “rabbit” finally revealed at Interactive...